for example, zynga is not in the exclusion area, correct? >> that is right. there on thompson street. >> said it will continue to pay payroll taxes. >> yes. they just moved in, and they could not offer a different move to midmarket, but they're going to grow and are about to turn public. they were explaining to us, this is how we start in growth, and if you're eager to punish us on taxing our stock options as they make us profitable, not only will the investors away, but i think the company will disappear. we had to pay attention to that. that is a story that came out of tech crunch. we realized stock options was part of the compensation we were taxing. we had to pay attention to how the companies are growing here and make a distinction. we were able to do that was supervisor mirkarimi and supervisor farrell's leadership at the board, to pay attention to that specific idea. the board of supervisors and the mayor's office got together to offer that six-year exemption there and not tax stock options for six years. >> he had the tax exclusion area, which cuts ou

how about groupon and zynga. >> adventure. it's in my blood. >> reporter: zynga calls it adventure world. investors will probably call it another reason to believe in the company. on the other hand, groupon's situation is no gain. it's not profitable and now says they will reevaluate the planned ipo. >> groupon has an issue. the retailers are complaining they're not making money. you see a lot of uncertainty about the financial information that goes around. >> rob tracks tech companies. he says while groupon is risky, zynga would make a better investment. >> if there is an exception, this would be the kind of company that can be the exception. they have a lot of good followers. people are excited about the property. they're able to demonstrate success after success after success. >> that is real adventure. >> reporter: with markets and investors skiddish, maybe a little gaming can bring back their appetite for adventure. >> this looks like a sustainable model. they are profitable already. it's much more linear. much less risk.

so companies like zynga that are established, they know that they have an opportunity to establish a worldwide headquarters in san francisco. we are an international city. we understand -- just like this week, we're hosting the third senior officials' meetings in preparation for the asian- pacific economic cooperative council meetings that are happening right here in san francisco, because they know we are a gateway to the whole eastern hemisphere. so you're companies that start here have a great opportunity to become international headquarters. that is what i want to see. i wanted to the global market happen right here in san francisco. >> you sound a little bit like -- i do not want to see the dirty work, republic, but you do not sound like a liberal democrat. and you cannot be mere without being a liberal democrat here. >> every mayor across the country as the pigeon to economics. that is the number-one thing. if we do not have our cities economically sound, we're a bad investment. i cannot afford the city to be a bad investment. >> i am moving back to san francisco just to vote f

helped to create thousands of jobs with the america's cup and help to keep companies like twitter ,zynga and yelp herre. i have helped to build tens of thousands of units of new housing in all parts of the city. my vision for san francisco is to build a 21st century economy, a world-class transportation system, and truly great schools. thanks to hundreds of san franciscans who participated in our community voices meetings, i have the most detailed policy ideas in this race. you can review them by visiting my website. you can see my blueprint for a 21st century san francisco. independence -- while we may not always agree on every decision i have made, you can trust i have made the not based on ideology or special-interest, but based on my independent judgment for what is best for san francisco and. i want to thank you were carrying about the 21st century san francisco. i ask for your support and for one of the three votes you can cast in november. thank you very much. >> election date is november 8th, 2011. that's the last day to vote in person and the last date for receipt of the vote by

we are hoping -- helping businesses succeed and create jobs from twitter and zynga and sales force to start-ups and neighborhood small businesses. san francisco is attracting, creating and maintaining a record number of jobs in technology, new media, clean tech and biotech, the jobs of our future, with loans, facade of grades, and streetscape improvements, we are helping small businesses and neighborhood commercial districts grow and thrive across the city. we are transforming and revitalizing our long-neglected niche-market district with new arts and cultural resources, affordable housing, and jobs. with our new police chief, community policing, and smart data-driven crime strategies, sentences could today remains one of the safest big cities in america. i began my career as a civil rights attorney, advocating the rights of immigrants and renters in the bay area, and in my 22 years of service to our city government from whistle-blower to city administrator to mayor, i have worked hard to make government accountable and more transparent to our residents. as your mayor for the next fou

it is the same thing with zynga. we were one of the only cities taxing stock options.e dealt with that. we have been demonstrating we want technology companies to grow. this is the innovation ecosystem we want to create. we will do everything possible here. as duncan announced earlier, a rocket space is one of a number of technology companies locating here. over 4.5 million space of office -- over 4.5 million feet of office space has been leased this year. of that 4.6 million square feet, 1.6 million square feet have been leased by technology companies. tech leasing has become our basic business in san francisco. it is the bundling of services that come with the space. it is the smart way of doing things. if cities are going to survive, they have to be smarter about it. they have to reach out to new technology. i have to keep changing government to make sure we are business-friendly and doing smart things. rocket space has an earthquake-safe building. then you start seeing the technology businesses. everybody is innovating in this building. they are innovating with gre

that adds to zynga and mozilla and all the other tech companies moving in, so i am convinced that tech -- san francisco remains the industry leader. of the 4.6 million square feet of office space that was least in the last eight months, in 2011, 1.6 million square feet of office space was leased by technology firms alone. these include twitter, zendesk autodesk, dropbox and kabam. technology is also an important driver in our economy, not only with the technology companies that are moving in, but also the biotech, the clean tech, and the retail. in fact, if you heard yesterday, it was really need to open up the very first of a company that is using again arts to help build their business, and that was heath ceramics. do not know if you saw that. we opened that in the mission area. 35 employees will start there in a model of months. they will be making their decorative ceramics that have already shown up in places like sf moma and some of the very beautiful ceramics they have to display, but also dinner were showing up in places like slanted door and some of the other places that are ve

they play some of the zynga games. they did not know that their headquarters were here, but they need to know that, growing up. we want the chinese companies to also use san francisco as their headquarters and to continue to be the gateway. people love that about the city. asian families, the matter their income -- they could be a hotel workers, garment workers, for ceo's, they all want -- or ceo's, they all want a quality city. my job is to make sure they trust government, so that when we say something, we do it. what i do not like it, and past relationships with the government, they could not do what they said. that is where the mistrust comes out. that is why i am going around talking to every community possible. if i can take care of it, i will tell them. if i cannot, i will tell them honestly. i think honesty in government is the most important thing right now, especially at three are trying to build quality for the city. that is how i will approach the bond, the pension, and sales tax. >> [inaudible] >> it will b

degree, you will not have the basic foundation to get those jobs we are trying to create in the city at zynga, twitter, salesforce, really good paying jobs. those are jobs i always talk about to kids. when you get a college degree, you join that millionaire club. that is the difference between people who have a college education and people who do not that are in the work force. over that career, it is a million-dollar difference. that is why this data, this improvement is so important for us. i want every kid in our school district system to be successful. not just graduate high school, but get into college and then be successful human beings and get the best jobs that we can possibly offer. that is the ultimate story year. while we are doing that, there will be distractions. there will be shortages of funding. there will be challenges that the city faces. i want to work with every element of our school district from our unions to the teachers and administrators. it is like not only cleaning up the area around the schools, but when i am notified that there are some foundations that have speci

was at yahoo, the company continued to get huge web traffic, but unlike, say, google, facebook, or zynga, yahoo has been unable to turn the eyeballs into the kinds of revenue that incites investors. and shares did not move for the 2.5 years that bartz was there, jumping tonight nearly 6% on news of bartz's departure. >> scott, our sources inside of yahoo telling us that e-mail was sent by bartz to the staffers at around 4:20 this evening. are you surprised about the verbiage? interesting verbiage about how she described how she got fire department. >> you know, if you've seen interviews with carol bart, you know that the verbiage could have been even more surprising frankly. with this, no, i'm not surprised. she is a straight shooter and always has been. if she was fired over the phone, she's going to tell people she was fired over the phone. bartz did get extra media attention that perhaps she didn't want. occasionally in interviews she would use profanity. show of mostly known as a straight shooter. very successful with employees and investors at auto desk. it just didn't happen, it di

for most americans to work on a plantation picking cotton and playing video games for companies like zyngahat's god's plan for you well i think it's a sign of the financial propaganda the likes that paul mason is unwittingly is missing too that they operate on behalf of those guys like lloyd blankfein they push lloyd blankfein of goldman sachs his message out saying that bankers are doing god's work they see we can we can go faster than the limits of god the speed of light the speed of sound we can go faster well the markets ultimately will smite the high frequency traders in the form of a global insurrection against banker occupation get your gear teen sharp and hard global financial apocalypse phantasmagorical stacy herbert thanks so much for being on the kaiser report thank you rex don't go away what are coming our way so stay right there. elizabeth ignorami welcome back to the kaiser report imax kaiser time now to go to london and speak with ned naylor leeland asset management ned welcome back to the kaiser report from nice nice to be here at all boy we've invited you back on their car

. >> all right, all right, zynga, thank you.e country. >>> coming up next -- you'll love these great burger recipes with carla, just in time for your labor day cookout. >>> saying good-bye to summer, we say hello to carla hall if you're a fan of top chef, you knowower from a couple of seasons. you'll soon her know from the abc daytime show "the chew" that premiers september 26th. i want to ask you about our new brother, our sisters, "the chew." couple of weeks out. >> think about the party in kitchen. where does the party happen when you're at home. >> always the kitchen. >> exactly. you're talking about what's happening during the week and you're learning stuff. >> this is going to be a burger. buffalo-style burger. but it's not buffalo. take us through >> it's not buffalo, it's buffalo burger or turkey burger. i have garlic, a little bit of butter, sat and pepper and some chili. >> you have the yun yonion goin. then, we just add everything into our meat. this is all you're actually adding your onions. >> get it in there. >> ge

joined by republican congressman, bill lie zynga.nancial services and does not support the latest deal. welcome. good to have you here today. >> thank you, martha i appreciate the opportunity. martha: people are tired of worried about deadlines and oh actually it turned out we could have funded fema for another week or some we could have had more time to figure this out. what is going on? >> my point exactly. as we've been going through this. this was avoidable. it was unnecessary but it is the senate. it is like drama is us is their name. i tell you, really is frustrating when you're sitting on the other side, we know once again no tough decisions were made. martha: we know that fema disaster aid was trim ad bit and spending was also trim ad bit and that is how both sides got together on this deal. >> yeah. martha: should we take away from that it is possible that both sides can make compromises, that you can figure out a way to pay for disaster aid by cutting into spending? >> there is a lot of people say this is new ground. for th